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3 Tips To Staying Ahead In A Crowded Wholesale Distribution Industry

August 3, 2015 | by Kae Williams, General Manager, Exact U.S. Cloud Solutions | Articles | Comments

To remain relevant and competitive, wholesale distributors need to stay on top of the latest innovations and technology developments while maintaining the strongest reputation possible. Here are three tips to get ahead of the competition.

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Graphic Products Launches Redesigned Website

August 3, 2015 3:31 pm | by Graphic Products Graphic Products Product Releases | Comments

The website coincides with the launch of the company's new ecommerce website. Both websites offer quick access to relevant news and products, and can instantly connect visitors with customer service specialists via live chat, email, or phone. 

3M Completes Acquisition Of Capital Safety

August 3, 2015 3:21 pm | by 3M | News | Comments

The $2.5 billion acquisition was originally announced June 23 as the largest purchase in 3M's 113-year history.

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U.S. Manufacturing Growth Slows In July

August 3, 2015 2:51 pm | by Paul Wiseman, AP Economics Writer | News | Comments

The Institute of Purchasing Managers' manufacturing index slipped to 52.7 last month from 53.5 in June. Economists had expected the index to remain unchanged.

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Extended Slump In Oil Taking Toll On Industry, Economy

July 31, 2015 4:10 pm | by Jonathan Fahey, AP Energy Writer | News | Comments

With oil prices down around 50 percent from last year, major oil companies are cutting back, offsetting the good news of savings for consumers and businesses.

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A Trip Through Fastenal History

July 31, 2015 3:35 pm | by Fastenal Fastenal Videos | Comments

Fastenal – No. 12 on Industrial Distribution's 2014 Big 50 List – takes you on a journey of key events and milestones in company history starting with its IPO in 1987.

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Timken Acquires Carlstar Belts; Q2 Profit Dives As Sales Weaken

July 31, 2015 2:51 pm | by Mike Hockett, Managing Editor | News | Comments

The Carlstar addition expands Timken's power transmission offering, while financially, currency headwinds had a large negative impact on the bearings maker in Q2.

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Hamilton Crushes Downtime With No-Maintenance Casters

July 31, 2015 12:33 pm | by Hamilton Caster & Mfg. Co. Hamilton Caster Product Releases | Comments

The Spinfinity casters boast extra thick forgings and proven kingpinless swivel technology for superior durability over the life of the casters.

Interline Brands Posts Healthy Q2 Sales, Profit Increases

July 31, 2015 9:43 am | by Mike Hockett, Managing Editor | News | Comments

In the wake of being purchased by Home Depot, Interline – No. 17 on ID's Big 50 List – posted a solid second quarter with sales growth across all business segments.

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Sales: How To Persist Without Being A Pest

July 31, 2015 8:18 am | by Paul Reilly, ReillySalesTraining.com | Articles | Comments

How do you follow up with customers without annoying them – especially unresponsive ones? Sales guru Paul Reilly provides tips on the right way to pursue the customer.

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ID's Top 5 Of The Week

July 31, 2015 8:15 am | by Mike Hockett, Managing Editor | Blogs | Comments

Another busy week on ID was led by our 2015 Salary Report, along with our July/August Distributor Profile on BlackHawk Industrial, Part 2 of our Industry Insider video report on Amazon Business' impact on distributors, and a major overseas acquisition for Grainger.

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Kaman Industrial Lowers Outlook After Q2 Sales Bump Up, Profit Dips

July 30, 2015 5:41 pm | by Mike Hockett, Managing Editor | News | Comments

Kaman Corp.'s profit jumped 30 percent, but lower than expected organic growth in its Distribution segment led to an overall sales decrease.

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Industrial Distribution Trade Associations Present To Business School Students

July 30, 2015 5:03 pm | by PTDA | News | Comments

Representatives from PTDA, NAHAD, NAED, and ASA were on hand to talk with University of Colorado-Denver Business Students about careers in industrial distribution.

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Takeaways From Fed Meeting: Expect A Rate Increase This Year

July 30, 2015 1:41 pm | by Martin Crutsinger, AP Economics Writer | News | Comments

Many analysts foresee the first hike in September, though Fed Chair Janet Yellen has stressed that any increase will be driven by the latest economic data.

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Bolt Cutters From Apex Tool

July 30, 2015 12:13 pm | by Apex Tool Group Apex Tool Group Product Releases | Comments

The new bolt cutters feature a double compound action system that requires 30 percent less effort than traditional bolt cutters.

Grainger Expands Abroad, Acquires U.K.'s Cromwell For $482M

July 30, 2015 10:12 am | by Mike Hockett, Managing Editor | News | Comments

Grainger says the move is an opportunity to grow its Zoro Germany business, and quickly grow Cromwell's online business, which is currently less than 5 percent of its total sales.

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Video Market Report 12: Interline Brands Bought, Airgas & Stellar Industrial Acquisitions, And Grainger's Profit Jumps

July 30, 2015 9:42 am | by Industrial Distribution Staff | Videos | Comments

This week's VMR covers Home Depot's $1.63 billion purchase of Interline Brands, the latest acquisitions for Airgas and Stellar Industrial, Grainger's latest quarterly earnings, and a study that says warehouse pickers think their job "makes the world a worse place."

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5 Ways Wholesale Distributors Can Succeed With The Millennial Generation

July 30, 2015 9:13 am | by Stewart Applbaum, SVP and General Manager at Infor | Articles | Comments

With Millennial employees expected to exceed Baby Boomers this year, Infor SVP and general manager Stewart Applbaum gives five tactics to help prepare your business to succeed with the next generation of customers, partners, and employees.

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Walter Surface Introduces New Stainless Steel Cleaning, Restoring, And Protecting Solutions

July 29, 2015 4:42 pm | by Walter Surface Technologies Walter Surface Technologies Product Releases | Comments

The SURFOX PRE-WELD, SURFOX RENEW and SURFOX SHINE were designed to clean, restore and protect stainless steel surfaces while promoting a cleaner, healthier, and safer industrial work environment.

Apache To Expand With Dallas, TX Facility

July 29, 2015 4:33 pm | by Apache | News | Comments

The move is geographically significant for the Midwest-concentrated manufacturer, as the 20,000+ square foot location will have both heavy duty and lightweight belting, along with hose products and cut/molded rubber parts.

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Poll: Majority Of Manufacturers Rely On Spreadsheets Instead Of ERP

July 29, 2015 3:11 pm | by Andy Szal, Digital Reporter | News | Comments

A new manufacturing survey showed that 53 percent of those polled – including top distributors – used manual processes to measure key performance indicators, compared to just 26 percent that used applications such as enterprise resource systems.

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